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Retirement Conditions and legal age

Retirement Conditions and legal age

In Guatemala, retirement is treated differently for public and private employees. For public employees, the following regulations apply for each retirement plan:

a. Voluntary (1): when an employee has 20 years of service regardless of his or

her age .

b. Voluntary (2): when an employee reaches age 50 and proves a minimum of 10 years of service.

c. Mandatory: when an employee has reached 65 and proves a minimum of 10 years of service.